Year 11 Economic Analysis of China and Australia, including Economic growth, employment and unemployment, quality of life and role of government.

Economic Growth. China. China is classed by the World Bank as a lower middle-income country. China's real GDP grew at a rate of 9.1% in 2003, up from 8.0% in 2002, meaning that even economic growth is increasing rapidly in China. China's GDP growth rate is even faster than the US, and has enjoyed some double-digit growth rate since it has opened to economic reform. This rapid growth had brought opportunities and challenges - both for China and for …

…the Governor-General ·<Tab/>advising the Governor-General as to when Parliament should be dissolved ·<Tab/>setting the date for House of Representatives elections ·<Tab/>allocating positions in the Cabinet ·<Tab/>chairing Cabinet meetings. The Cabinet consists of the most senior ministers of the party, which includes the PM.